The UAE has created yet another global aviation milestone with the certification of world’s first purpose-built commercial vertiport in Dubai.
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Adnoc and XRG have signed a Strategic Collaboration Agreement with Mitsui to expand cooperation across LNG, crude oil, sulfur, shipping and chemicals, while exploring international energy investments and strengthening long-term supply, logistics and market development initiatives.
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The GCC sovereigns’ stable credit quality is backed by strong, hydrocarbon-driven economic recovery in 2027. However, that prolonged geopolitical uncertainty could strain public finances and expose variances in sovereigns' fiscal ability to absorb lengthy disruptions, said S&P Global Rating.
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Global oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a contained geopolitical incident rather than a potentially significant threat to energy supplies, warns the CEO of financial advisory giant deVere Group.
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Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
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Tadweer Group has announced a major milestone in the development of Abu Dhabi’s first greenfield Material Recovery Facility, awarding a contract to Urbaser, one of the world’s leading environmental solutions companies, to support the delivery of the landmark project.
The Middle East and North Africa (MENA) vehicle sales is expected to decline by 3.9% y-o-y in 2026, to 3.90 million units, says a new report.
ADCB, a leading UAE-based bank, has confirmed that its systems have now been fully available and stable, without any deterioration or disruption for the past four days, with heavy load and record transaction volumes.
Construction of the first phase of the Dubai Loop has officially moved into execution with the start of production of thousands of precast concrete tunnel segments that will form the underground transport system's lining, marking a major milestone for the high-profile project.
A fire broke out at a restaurant on Dubai's Sheikh Zayed Road on Monday and was brought under control after more than three hours with no injuries reported, said media reports, citing Dubai Civil Defence officials. Cooling operations are currently under way to extinguish remaining hot spots.
Qatar's Ministry of Transport (MoT) has announced that all maritime navigation activities can now resume normally for all types of maritime vessels and ships.
Bulk carriers carrying elemental sulphur cargoes in the Strait of Hormuz are at significant risk of accelerated structural corrosion, with some vessels having remained at anchorage for more than three times the standard cargo protection period, according to a leading marine consultancy expert.
CHERY, a leading car manufacturer, has confirmed plans to introduce its Super Intelligent Parking technology to the UAE market, reinforcing its commitment to bringing advanced smart driving solutions to local customers.
Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset classes in the Middle East and selected international markets.
Makkah Construction and Development Company has awarded Saudi-based group Roots Innovative Industrial a key contract to deliver room renovation works at its prime property - Makkah Hotel and Towers. The entire work will be executed in phases within a 19-month period.
IN high-risk industrial environments, safety depends on visibility; knowing where workers are, understanding the conditions they are operating in, and responding quickly when something goes wrong are fundamental to protecting people and maintaining operational integrity.
Makkah Construction and Development Company has awarded Saudi-based group Roots Innovative Industrial a key contract to deliver room renovation works at its prime property - Makkah Hotel and Towers. The entire work will be executed in phases within a 19-month period.
Metal Park, the world's first plug-and-play ecosystem for metals, has partnered with Innovation Line to enhance the range of industrial support services available to businesses operating within the Metal Park ecosystem.
The GCC sovereigns’ stable credit quality is backed by strong, hydrocarbon-driven economic recovery in 2027. However, that prolonged geopolitical uncertainty could strain public finances and expose variances in sovereigns' fiscal ability to absorb lengthy disruptions, said S&P Global Rating.
More than 80% of UAE residents are considering moving to seafront or marina communities within the next two to three years, while 96% say that daily decisions are influenced by proximity to water, including travel, exercise and stress management, according to new research.
Total CX, part of Bahrain-headquartered international technology group Beyon, has announced the signing of a strategic agreement with Ibn Al Nafees Hospital to deliver innovative customer experience services and AI solutions that support and enhance the hospital's operations.
SAL Logistics Services, a national leader in cargo handling, logistics solutions, and supply chain management in Saudi Arabia, has signed a memorandum of understanding with the Energy and Water Academy to enhance cooperation in training, qualification, consultancy, and national talent development.
Bahrain's Institute for Pearls and Gemstones (Danat) has named a new board of directors led by Chairman Mohamed Ahmed AlSada. The reconstituted board will oversee the institute's pearl, gemstone and jewellery testing services and support its role in the kingdom’s gem industry.
Bank ABC, MENA’s leading international bank, has been awarded ‘Best Mobile Banking Application in the Middle East’ at the MENA Banking Excellence Awards 2026, organised by MEED.
Total CX, part of Bahrain-headquartered international technology group Beyon, has announced the signing of a strategic agreement with Ibn Al Nafees Hospital to deliver innovative customer experience services and AI solutions that support and enhance the hospital's operations.
The Middle East and North Africa (MENA) vehicle sales is expected to decline by 3.9% y-o-y in 2026, to 3.90 million units, says a new report.
Dubai Investments has been awarded the Gold Tier in the Majra Impact Seal’s Large Companies category, following a multi phase evaluation under Majra – National CSR Fund’s Impact Framework.
Attacks on commercial shipping resumed in the Strait of Hormuz, with two vessels struck in separate incidents that have heightened fears over the security of the shipping lane and threatened to derail recent diplomatic efforts to reduce tensions.
